Articles about Punjab National Bank
18 Jun 2021
Mehul Choksi remanded to state prison in Dominica
A magistrate court in Dominica on Thursday moved Mehul Choksi from police custody to state prison, his lawyer Vijay Aggarwal said, but added that he would continue to remain in hospital as his medical condition deteriorated.
10 Feb 2021
Top 100 wilful defaulters owe Rs. 84,632 crore to banks
The amount of money that the top 100 wilful defaulters owe banks increased in FY20, as compared to a year earlier. The defaulters owe Rs. 84,632 crore to lenders, up from FY19's figure of Rs. 80,344 crore.
06 Jan 2021
Nirav Modi's sister, brother-in-law turn approvers, will testify against him
Fugitive diamantaire Nirav Modi's younger sister and brother-in-law have turned approvers in the Punjab National Bank (PNB) scam case and will now testify against him after a special court in Mumbai accepted their request seeking a pardon on Monday.
22 Dec 2020
VHP to start fund-raising drive in Karnataka for Ram temple
The Vishva Hindu Parishad (VHP) will rope in over five lakh volunteers to start a door-to-door fundraising drive in Karnataka from January 15 to February 27, 2021, to build a grand Sri Ram Temple in Ayodhya, the outfit's international working president Alok Kumar said on Tuesday.
21 Sep 2020
FinCEN files: All you need to know about the leak
Several Indian banks helped facilitate transactions red-flagged by the United States Treasury Department's Financial Crimes Enforcement Network (FinCEN) for suspected money laundering, terrorism, drug dealing, and financial fraud, a major leak of top-secret documents has revealed.
26 Aug 2020
Mehul Choksi moves Delhi HC over Netflix's 'Bad Boy Billionaires'
Fugitive diamond merchant Mehul Choksi on Wednesday moved the Delhi High Court against an upcoming Netflix docuseries.
14 Mar 2020
Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted
Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).
08 Dec 2019
#FinancialBytes: What is advance tax and who should file it?
Income tax accounts for a significant part of the government's revenue, and it is the responsibility of taxpayers to pay the required tax on the income they earned during a year on time.
07 Nov 2019
If extradited to India, I will kill myself: Nirav Modi
Fugitive diamantaire Nirav Modi, who is lodged in a prison in UK, wants to be released. And now, that his bail pleas have been junked repeatedly, he has taken to threats.
03 Nov 2019
13 cars linked to Nirav Modi to be auctioned soon
As many as 13 motor vehicles, including luxury cars, linked to disgraced diamond businessman Nirav Modi are set to be auctioned by the Enforcement Directorate in Mumbai on Thursday, November 7.
26 Sep 2019
'Crook' Mehul Choksi will be deported to India: Antigua PM
The days of Mehul Choksi's freedom are numbered and if all goes well, he will be deported to India, a statement from Antigua and Barbuda Prime Minister has hinted.
01 Sep 2019
Ahead of bank merger, PNB reduces FD interest rates again
Ahead of its merger with Oriental Bank of Commerce and United Bank of India, the state-run Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates yet again.
30 Aug 2019
Government to merge 10 major public sector banks into 4
In a major move, the Indian government has announced the plan to merge public sector banks.
01 Aug 2019
After SBI, Punjab National Bank revises fixed deposit interest rates
Days after the State Bank of India announced that it will reduce the interest rates on fixed deposits (FDs), the Punjab National Bank (PNB) also revised its FD interest rates.
31 Jul 2019
Mallya and Modi's extradition cases to be heard in 2020
In a recent development, the extradition trial of fugitive businessman Nirav Modi in UK's Westminster Magistrates Court will be held next year, reports HT.
08 Jul 2019
Sensex plunges over 900 points, Nifty slips below 11,600 points
Benchmark equity indexes S&P BSE Sensex and NSE Nifty 50 continued to decline for a second consecutive session on Monday. Sensex lost over 900 points in late afternoon trade, while the broader Nifty tanked by over 245 points.
07 Jul 2019
PNB reports Rs. 3,800cr fraud by Bhushan Power & Steel
Punjab National Bank (PNB) on Saturday said that it has detected a fraud of Rs. 3,800 crore in the non-performing asset (NPA) account of Bhushan Power & Steel Limited (BPSL).
27 Jun 2019
Swiss bank accounts of Nirav Modi, having Rs. 280cr, seized
There seems to be no end to troubles of beleaguered diamantaire Nirav Modi, who is the prime accused in the Rs. 13,700 crore PNB fraud.
12 Jun 2019
Nirav Modi's fourth bail plea rejected by UK court
On Wednesday, the Royal Courts of Justice denied the bail application of fugitive businessman Nirav Modi. This was the fourth time that Modi, a prime accused in multi-crore PNB scam, approached a court seeking respite.
29 Apr 2019
#FinancialBytes: Fixed Deposit (FD) rates of top public, private banks
When it comes to investment options, Fixed Deposits (FD) are among the top choices in India as they guarantee fixed returns to investors.
26 Apr 2019
London court rejects Nirav Modi's bail plea for third time
On Friday, a UK court rejected bail application of fugitive Indian businessman Nirav Modi for the third time. He was presented before Westminster Magistrates Court via video conferencing.
26 Apr 2019
#FinancialBytes: All about minimum account balance rules of top banks
Regular savings bank accounts are the most popular type of bank accounts. They are also one of the safest investment options as they allow accountholders to save their money, use it anytime, and also earn interest.
01 Apr 2019
Nirav Modi-owned 13 luxury cars to go under hammer
After his 68 artworks, fugitive billionaire Nirav Modi's 13 luxury cars will reportedly go on auction on April 18.
30 Mar 2019
ED officer probing Nirav Modi case removed, reinstated hours later
In a concerning turn of events, the Enforcement Directorate officer who was investigating the Nirav Modi case was relieved of his duties on Friday evening, only to be reinstated at the post hours later.
29 Mar 2019
#NiravModiExtradition: London court rejects fugitive Nirav Modi's second bail plea
The Westminster Magistrates' Court in London has once again denied bail to fugitive diamantaire Nirav Modi wanted in the Rs. 13,500-crore Punjab National Bank scam.
26 Mar 2019
68 artworks owned by billionaire Nirav Modi up for auction
68 artworks, owned by fugitive billionaire Nirav Modi, which are at display for preview in Mumbai's JK Banquet, are set to go on auction today.
21 Mar 2019
Nirav Modi planned plastic surgery to evade arrest: Report
Fugitive diamantaire Nirav Modi, the prime accused in the Rs. 13,000 crore Punjab National Bank fraud, tried different routes to evade arrest, reports TOI.
21 Mar 2019
After Nirav Modi's bail rejection, PM says "Chowkidar is alert"
Fugitive businessman Nirav Modi, who is the prime accused in the Rs. 13,000 crore PNB fraud, was denied bail by a UK court on Wednesday. He will stay in prison till March 29.
20 Mar 2019
Fugitive businessman Nirav Modi arrested in London, claims report
Nirav Modi, the fugitive businessman, who is the main accused in the multi-crore PNB scam has been arrested in London, claimed NDTV.
18 Mar 2019
Mehul Choksi's namesake just submitted thesis on PM Modi
A student from Surat has submitted his doctorate thesis on Prime Minister Narendra Modi. Just like the subject of his research, the name of the student is equally interesting- Mehul Choksi.
13 Mar 2019
India didn't show interest in pursuing Nirav Modi's case: Report
India apparently didn't show interest in pursuing the case of Nirav Modi, the fugitive diamantaire who was spotted in London last week claims a report by NDTV.
09 Mar 2019
India wants "naya" Pakistan to take "naya" action against terrorism
A day after Pakistan Prime Minister Imran Khan said he wouldn't allow his country's soil to be used for terrorism abroad, New Delhi on Saturday asked him to move beyond words.
09 Mar 2019
Nirav Modi spotted in London, running diamond business: Report
Nirav Modi, the fugitive diamantaire wanted in the multi-crore PNB scam, is living freely in London, a report in The Telegraph confirmed.
08 Mar 2019
Nirav Modi's bungalow, worth Rs. 100 crore, demolished using explosives
Fugitive diamantaire Nirav Modi's sprawling seaside bungalow located in Alibaug, Maharashtra was demolished on Friday.
05 Mar 2019
One Nation One Card: All you need to know
In a bid to facilitate seamless travel payments across the country, Prime Minister Narendra Modi launched a new initiative termed 'One Nation One Card.'
25 Feb 2019
#FinancialBytes: How to open a PPF account
Public Provident Fund, popularly known as the PPF scheme, is a long-term savings scheme, launched by the National Savings Institute, Government of India, in 1968.
15 Feb 2019
5 ways in which you can donate to Indian Army
The Indian Army is one of the largest and best armies in the world.
11 Dec 2018
Urjit Patel first RBI Governor to officially resign since 1957
Reserve Bank of India (RBI) Governor Urjit Patel's resignation from his post has made him the third RBI Governor to officially resign.
23 Nov 2018
Banks shut for three days this week: Details here
All Scheduled Commercial Banks including SBI (State Bank of India), PNB (Punjab National Bank), HDFC Bank and ICICI Bank, in several areas, witnessed three holidays this week, owing to different festivals.
22 Nov 2018
Richest member in Chandrababu's family is his four-year-old grandson
Nara Devansh, the grandson of Andhra Pradesh Chief Minister Chandrababu Naidu is the richest member of the family, having assets worth Rs. 18.71 crore.
